Emily Boswell https://cryptohead.com 1m 278
The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.
New study reveals the cryptocurrencies on track to hit $1 trillion in 2023 – with annual growth rates of up to 5000%
New research has revealed the cryptocurrencies on track to hit a trillion-dollar valuation the quickest – with two coins predicted to reach $1 trillion next year.
Rank | Coin | Average annual growth rate | Market cap 2022 | Estimated year to reach $1trillion market cap |
1 | Bitcoin | 159% | $902.1bn | 2023 |
1 | Ethereum | 308% | $448.5bn | 2023 |
3 | Tether | 267% | $78.4bn | 2024 |
3 | 798% | $15bn | 2024 | |
3 | BNB | 615% | $88.6bn | 2024 |
3 | Dogecoin | 716% | $23.1bn | 2024 |
3 | USD Coin | 577% | $42.5bn | 2024 |
3 | Decentraland | 1684% | $6bn | 2024 |
3 | Fantom | 5044% | $7bn | 2024 |
3 | Cardano | 423% | $46.1bn | 2024 |
Galaxy Digital Holdings looks like it will be the first crypto company to hit the trillion-dollar mark, predicted to reach it in 2026, based on an annual growth rate of 488%. Block Inc. will be close behind, hitting the promised land in 2029.
The cryptocurrency with the highest average annual growth rate is Fantom at 5044%, with a market cap of $9million in 2019, its on track to hit the trillion-dollar mark in 2024.
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![The Cryptocurrency Company Index [Infographic]](https://cdn.confessionsoftheprofessions.com/media/2022/02/cryptoindexperformance.jpg "The Cryptocurrency Company Index [Infographic]")
